Daily Archives: November 13, 2017

The value of EU subsidy applications submitted by November 12 amounted to PLN 263.9 billion, according to data released by the Ministry of Development. Till that day, 25,681 contracts for the EU co-financed projects amounted to PLN 143.2 billion in EU subsidies.

Ruling Law and Justice (PiS) party support has decreased by 2 percentage points to 45 percent, according to the poll conducted by CBOS. Civic Platform (PO) was second with 17 percent support, up by 1 percentage point m/m. Kukiz’15 was third with 8 percent support (unchanged). Nowoczesna was th...

WSE-listed gas giant PGNiG hopes to increase its sales to Ukraine twofold this year to 700-800 million cubic meters, company’s Deputy CEO Maciej Woźniak said. At end-Q3, PGNiG sold 430 million cubic meters to Kiev. In order to boost sales, the company is planning to launch a second connection via Cz...

The number of immigrants from the Ukraine in Poland will reach 1.2 million at the end of 2017, according to the Central Bank NBP’s forecasts. In the coming years, that figure should increase by 0.2-0.3 million people per annum.

Poland will be able to start mining potential resources at the bottom of the Atlantic Ocean within the next 10 years, chief geologist Mariusz Orion Jędrysek said. “Polish parcel at the bottom of the Atlantic has huge geological resources. There are only seven countries in the world with such parcels...

According to the leader of the ruling Law and Justice (PiS) party, the changes to the government will happen in December. “We have to build the government so that it will fit in a new, somewhat more difficult situation,” Kaczyński said in an interview with public broadcaster TVP. He added that the p...

WSE-listed power utility finalized the purchase of Polish assets of French utility EDF for PLN 4.27 billion. The price includes PLN 2.45 billion in equity, the intra-group debt of PLN 1.68 billion, as well as interest. The price is slightly lower than the PLN 4.51 billion price tag announced back in...

A total of more than 129,000 sqm of new office space was completed in the main regional markets across Poland in the first quarter of 2018, which marks a 92-percent increase y/y, according to the latest report by Cushman & Wakefield. The most dev...

Developer MLP Group has fully commercialized the logistics park in Bieruń near Tychy in Silesia, which it sold to Deka Immobilien in 2015. The company remained responsible for leasing the space in the park after the sale transaction. Car parts distri...
Bieruń logistics park fully leased out

Retailer IKEA will open its store in the Blue City shopping center in Warsaw in the second half of this year. This will be the company’s third store in the Polish capital and the first one in a central location with the other two located on the outsk...

Investors Tristan Capital Partners and White Star Real Estate will soon finish construction work on two of the three office buildings that will be developed within their Elektrownia Powiśle mixed-use project in downtown Warsaw. The first tenants will...

The Hampton by Hilton Warsaw Mokotów hotel has recently officially opened for business in the Polish capital. Located on ul. Postępu in the Służewiec business area of the Mokotów district, it is the fifth Hilton Worldwide (and the third Hampton by Hi...
New Hampton by Hilton hotel opens in War...

The conference “Open source in business”, which will take place on June 18th in Warsaw, is the first such event in Poland about open source solutions and their practical application in the enterprise. The event is aimed at bringing togeth...

On 6-8 June, annual ABSL conference, entitled “Poland. The place to grow” will be held in Poznań. This is the most important event of this kind in the Central and Eastern Europe which annually gathers over one thousand representatives of the business...
Poland’s biggest conference devoted to m...

The tech world has been buzzing with headlines in the past few months. Alphabet (Google) was fined in 2017 by the European Commission and is facing more anti-trust litigation. Its Q1 results also leave a lot to be desired. The same goes for Microsoft...